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Best credit card conversion rate to Asiamiles (HK) - 2015

Best credit card conversion rate to Asiamiles (HK) - 2015

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Old Dec 29, 15, 5:25 pm   -   Wikipost
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Last edit by: percysmith
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This is a continuation of this previous thread which contains discussion from 2014 and prior: http://www.flyertalk.com/forum/catha...es-hk-164.html

For time required to transfer miles from banks, please see here.
On-going offers

Beginner's recommendation (rates quoted before other short term promotions):
1. BEA Flyer World Master - 1 mile per $5 for local purchases / overseas purchases / Octopus / Bill Payment (Excluding the following categories: Education, Insurance and Tax) (no fee)
2. [From 4 Jan 2016] HSBC Visa Signature for 9X (6X: select one category only below, 1 mile per $4.16 under this promotion, cap at $100,000; plus 3X on all categories, 1 mile per $6.25 cap at $100,000 - total $1 mile per $2.78), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016]

Credit Cards that are by Invitation Only or Applied in lieu with an Account:

1. WLB Luxe Visa Infinite - 1 mile per $2.4 for overseas airline / travel / hotel / dining; $4/mile on local airline / travel / hotel / dining ($50/5,000 miles min $50 max $500) (Need to be Wing Lung Private Banking customers)
2. BoC Wealth Management Visa Infinite - 1 mile per $15 for local / overseas / octopus AAVS / bill payment, 1 mile per $5 for overseas spending / local dining, 1 mile per $2.5 for overseas spending / local dining if that month's accumulated spending is over $15000 ($50/5,000 miles min $100 max $300) (Need to be BoC Wealth Management (中銀理財) customer)
3. HSBC Premier World Master for 6X (select one category only below, 1 mile per $4.16 from 4 Jan 2016. Under this promotion, cap at $100,000), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016] (Need to be HSBC Premier customer)
4. BoC Enrich World MC - 1 mile per $15 for local / overseas / octopus AAVS / bill payment, 1 mile per $5 for dining/travel/dept store, 1 mile per $3 for dining/travel/dept store if that month's accumulated spending is over $15000 ($50/5,000 miles min $100 max $300) (Need to be BoC Enrich (智盈理財) customer)
5. HSBC Advance Platinum Visa for 6X (select one category only below, 1 mile per $4.16 from 4 Jan 2016. Under this promotion, cap at $100,000), and all other seasonal promotions. ($300 fee for a year's worth of redemption) [to 31 Dec 2016] (Need to be HSBC Advance customer)
5. Citibank Ultima card - 1 mile per $4 for local / overseas / octopus (no fee) (Need to be Citigold Private Client customer AND by Invitation only)
6. SCB Priority Banking Visa Infinite - $7.5 per mile for local spending ($15 per mile for Insurance Spending (NOT BILL PAYMENT)) and Octopus, $5 per mile overseas spending ($300 flat redemption fee) (Need to be SCB Priority Banking customer) Note 2
7. BEA Supreme Gold World Master - 1 mile per $5 for local /overseas / Octopus / Bill Payment (Excluding the following categories: Education, Insurance and Tax) (no fee) (Need to be BEA Supreme Gold (顯卓理財) customer) Note 3
8. Shacom World Master - 1 mile per $8 local purchases / overseas / octopus ($10 per 1,000AM min $100 max $500) (Need to be Shacom SMART Banking (慧通理財) customer)
9. CCB HK Visa Infinite - 1 mile per $8 spent for Local Spending / Overseas Spending / Octopus / Bill payment ($50 per 5,000 miles AM min $100) (Need to be CCB Premier Banking (貴賓理財) / Premier Select (貴賓晉裕) customer)

Full list:

I. Overseas
** ++ 1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent (select Overseas Spending category ONLY) / $6.25 (HSBC Visa Signature) spent (DO NOT select Overseas Spending category) ($300 fee for a year's worth of redemptions)
2. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) (no fee) - *registration required*
3. [to 31 Dec 16] (if ONLINE / PAYWAVE) CCB HK eye Card - 1 mile / $2.14 (inclusive of 5X online bonus, cap at $75000 per calender year and (2X extra overseas bonus, cap at $75000 per membership year ) ($50 per 5,000 miles AM min $100)
^ 4. [to 29 Feb 16] Fubon Platinum / Titanium - 1 mile / $3 spent ($50/5,000AM min $250 max $500) (plus 167 Sure win miles if txn amt >$600)
Note: 1 mile per $0.6 for TWD spendings in Taiwan (max $10,000/year), and 1 mile per $1.5 for KRW and JPY spendings in Korea and Japan (Seperate registration needed, max $20,000/month, two months per calendar year max)
** ++ ^ 5. Citibank Prestige / Premiermiles - 1 mile per $4 spent (no fee)
^ 6. DBS Black World Master / Amex - 1 mile per $4 spent overseas (no fee)
** ++ 7. Amex CX Elite - 1 mile per $4 spent (automatic conversion)
^ 8. BEA Flyer World Master / Supreme Gold World Master - 1 mile per $5 (no fee)
9. CCB HK Platinum Visa / Platinum Master - 1 mile per $5 ($50 per 5,000 miles AM min $100)
** 10. [from 2 May 14] SCB Priority Banking Visa Infinite - 1 mile per $5 spent ($300 flat fee redemption)

^: DO NOT Award points for DCC Transactions

II. Supermarket, dept store, Telecommunications bills on autopay:
** ++1A . [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Home Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1B. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Lifestyle Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1C. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature)/$4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Entertainment Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++2. Citibank Rewards - 1 mile / $3 spent ($50 fee per 5,000 mile redeemed) (on first $12,500 spending per statement month) Note 2
3. [to 31 Dec 16] (if ONLINE / PAYWAVE) CCB HK eye Card - 1 mile / $2.14 (inclusive of 5X online bonus, cap at $75000 per calender year and (2X extra overseas bonus, cap at $75000 per membership year ) ($50 per 5,000 miles AM min $100)

III. Dining
** ++1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select Dining Spending category ONLY) ($300 fee for a year's worth of redemptions)
** ++1b. [From 4 Jan 2016] HSBC (non-Visa Signature, INCLUDING HSBC Premier World Master) (select Dining category) - 1 mile / $4.16 ($300 fee for a year's worth of redemptions)
** ++1c. [From 4 Jan 2016] HSBC Visa Signature (did not select Dining category) - 1 mile / $6.25 ($300 fee for a year's worth of redemptions)
2. DBS Platinum (Excluding ALL Co-Branded cards and Compass Cards) / Eminent - 1 mile / $5 ($50 per 5,000 miles redeemed, max $300)
3. BEA Flyer World Master - 1 mile / $5 (no fee)
Note: Restaurants in hotels sometimes are regarded as "Hotel" under V/M classification and thus ineligible for any dining promotions, using CUP can usually (but not always) get around this problem

IV. Travel agents:
** ++1. [From 4 Jan 2016] HSBC - 1 mile / $2.78 (HSBC Visa Signature) / $4.16 (other HSBC Credit Cards INCLUDING HSBC Premier World Master) spent# (select LifeStyle Spending category ONLY)/ $6.25 (HSBC Visa Signature NOT selecting LifeStyle Spending category)($300 fee for a year's worth of redemptions)
2. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) + 4%selected rebate (with HK Airline, HK Express, Zuji, Priceline) (no fee) - *registration required*
3. CCB HK EYE (if online) - 1 mile per $2.14 spent (First $50,000 only) ($50 per 5,000 miles AM min $100)2. [to 31 Dec 16]

V. Other retail spending
1. [to 30 April 16] (if online) DBS Eminent - 1 mile per $15 + 6% spending credit rebate (Minimum any spending (online spending inclusive) $5,000 per month, maximum rabate $300 (i.e.online spending $5,000) per month) (no fee) - *registration required*
2. CCB HK eye Card - 1 mile per $3 ($50 per 5,000 miles AM min $100) (ONLINE or PAYWAVE Spending ONLY, else $15 per mile)
3. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent (no fee) Note 3
** 4. SCB WorldMiles AE - 1 mile per $5 spent ($300 flat redemption fee)
** ++ 5. Citibank Prestige - 1 mile per $6 spent (no fee)
6. Amex CX Elite - 1 mile per $6 spent (automatic conversion)
7. DBS Black World Master - 1 mile per $6 spent (no fee)
8. [to 28 Feb 16] Fubon Platinum / Titanium - 1 mile per $6 spent spending >=$300 on Saturdays and Sundays ($50/5,000AM min $250 max $500) (plus 167 Sure win miles if txn amt >$600 (if NOT ONLINE))
** 9. SCB Priority Banking Visa Infinite - 1 mile per $7.5 spent ($300 flat redemption fee)
109. CCB HK Premier Banking Visa Infinite - 1 mile per $7.5 spent ($50 per 5,000 miles AM min $100)
** ++ 11. Amex (Gold grade and higher) - 1 mile per $7.5 spent (to $160,000), $200 flat redemption fee). (1 mile per $3 spent for 5x shops and 1 mile per $1.5 spent for 10x shops)
** ++ 12. Citibank Premiermiles - 1 mile per $8 spent (no fee)
13. Shacom World Master / Platinum / Titanium / Diamond UnionPay - 1 mile per $8 spent ($10 per 1,000AM min $100 max $500)

VI. Bill payments (Excluding Tax or any payment to IRD)
VI A. General Bill Payments (EXCLUDING Insurance and Education)
1. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent on bill payment (Excluding the following categories: Education, Insurance) (no fee) Note 3
2. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
3. Fubon Platinum / Titanium - 1 mile per $12 spent ($50/5,000AM min $250 max $500) (pre-registration required w.e.f. 15 Apr 2014)
4. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
6. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
7. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent
VI B. Education Bill Payments
1. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
2. Fubon Platinum / Titanium - 1 mile per $12 spent ($50/5,000AM min $250 max $500) (pre-registration required w.e.f. 15 Apr 2014)
4. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
5. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
6. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent
VI C. Insurance Bill Payments
1. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
2. CCB HK Platinum Visa / CCB HK Platinum Master / CCB HK Platinum Dual Currency UnionPay - 1 mile per $15 spent (Each Card Membership Year cap at 12 times of credit limit)
3. BoC Wealth Management Visa Infinite/BoC Platinum Visa/BoC Dual Currency Unionpay - 1 mile per $15 spent (Each Card cap at $10,000 per Month) ($50/5,000 miles min $100)
4. [From 4 Jan 2016] HSBC Platinum Visa / Advance Platinum Visa / Premier World Master / Visa Signature / Green Card - 1 mile per $25 spent

Note 1: Other issuers in Hong Kong DO NOT award bonus points for bill payment

VII. Octopus Automatic Add-Value
1. BEA Flyer World Master / BEA Supreme Gold World Master - 1 mile per $5 spent (no fee) Note 3
** ++ 2. Citibank Prestige - 1 mile per $6 spent (no fee)
3. Bankcomm Diamond Dual Currency Card - 1 mile per HK$6 spent for $500 recharges, 1 mile per HK$12 spent for $250 recharges ($100 flat redemption fee)
** 4. SCB Priority Banking Visa Infinite - 1 mile per $7.5 spent ($300 flat redemption fee)
5. CCB HK Visa Infinite - 1 mile per $8 spent ($50 per 5,000 miles AM min $100)
** ++ 6. Citibank Premiermiles - 1 mile per $8 spent (no fee)
7. Shacom World Master / Platinum / Titanium / Diamond UnionPay - 1 mile per $8 spent ($10 per 1,000AM min $100 max $500)

VIII. China Unionpay RMB spending

** ++1. [From 4 Jan 2016] HSBC Dual Currency Unionpay card - 1 mile per RMB4.16 spent (select China Spending category ONLY) ($300 fee for a year's worth of redemptions)
2. Bankcomm Diamond Dual Currency Card - 1 mile per RMB6 spent for restaurants or hotels spending >= RMB300, 1 per RMB12 spent other categories ($100 flat redemption fee)
3. BoC Dual Currency Unionpay Card - 1 mile per RMB15 spent ($50/5,000 miles min $100)

Note 2:
** can opt for Krisflyer miles in lieu
++ can opt for BAEC AVIOS in lieu
For HSBC, ONLY Premier World Master holders are able to opt for BAEC Avios and KrisFlyer Miles

Note 3:
BEA Supreme Gold World Master cardholders need to register in advance for the "BEA Mileage Reward" scheme during application (Supreme Gold account opening), or else pay $1800 penalty to register thereafter.

HK miles/hotel points earning ability
Refer to here
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Old Dec 29, 14, 12:21 am
  #1  
Original Poster
 
Join Date: Apr 2012
Posts: 4
Best credit card conversion rate to Asiamiles (HK) - 2015

Anybody else receive this in the post this morning ? Nice Christmas surprise from BEA for World MasterCard holders -- $5 spending per mile (no limit) or $2 per mile for dining only. Can only choose one of the two options. Difficult to choose as both are best in class. The great thing is there does not appear to be an end date for this promotion ! Must register by Jan 31st if you want miles, otherwise you get Dining by default. Bonus points start from Feb 9th.

[IMG]file:///U:/DropBox/Camera Uploads/2014-12-29 15.10.10.jpg[/IMG]
Bazeba is offline  
Old Dec 29, 14, 12:35 am
  #2  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 568
Originally Posted by Bazeba View Post
Nice Christmas surprise from BEA for World MasterCard holders -- $5 spending per mile (no limit) or $2 per mile for dining only. Can only choose one of the two options. Difficult to choose as both are best in class. The great thing is there does not appear to be an end date for this promotion ! Must register by Jan 31st if you want miles, otherwise you get Dining by default. Bonus points start from Feb 9th.
I didn't get this. But from what I can see on their Web site, there's only one choice if you want to get Asiamiles: the $2 per mile Dining default option doesn't qualify for Asiamiles (looks like a sneaky way to get more people off the Asiamiles option):

http://www.hkbea.com/html/en/bea-cre...astercard.html

However the $5 per mile option looks good. I'm sure percysmith can offer some more expert advice, but it looks like it includes bill payments for utilities etc. which presumably means BEA now be a better option than Fubon for some bill payments? (On the other hand, no use for overseas--since they're cancelling the double points from February)
dannyhk is offline  
Old Dec 29, 14, 12:35 am
  #3  
Original Poster
 
Join Date: Apr 2012
Posts: 4
Oh, no need for the photo of the letter. Offer details are posted on the BEA website already !

http://www.hkbea.com/html/en/bea-cre...astercard.html
Bazeba is offline  
Old Dec 29, 14, 1:03 am
  #4  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Asia Miles. Not bothering to join Marco Polo.
Posts: 17,158
The BEA CS have not all been updated on this (in Chinglish I will call them plastic CS)

http://www.hongkongcard.com/webedito...2947_87257.png

So $5/mile on normal spending after 9 February. No straightforward way to apply for Flyer World/BEA World/BEA SupremeGold except to dump 500K into BEA and open a SupremeGold account.

Last edited by percysmith; Dec 29, 14 at 2:05 am
percysmith is offline  
Old Dec 29, 14, 2:22 am
  #5  
 
Join Date: Feb 2009
Location: HKG
Programs: MPC, Marriott, Hyatt
Posts: 404
Originally Posted by percysmith View Post
The BEA CS have not all been updated on this (in Chinglish I will call them plastic CS)

http://www.hongkongcard.com/webedito...2947_87257.png

So $5/mile on normal spending after 9 February. No straightforward way to apply for Flyer World/BEA World/BEA SupremeGold except to dump 500K into BEA and open a SupremeGold account.
500K isn't so bad. A lot better than HSBC's 1m requirement for Premier.
kawaii is offline  
Old Dec 29, 14, 3:29 am
  #6  
 
Join Date: Jun 2004
Location: Hong Kong
Programs: CX MPC
Posts: 568
Presumably BEA will also become the best option for Octopus now? (Funnily enough had just filled in the form to move one of my Octopus AAVS away from BEA to Dah Sing, but luckily hadn't mailed it yet!)
dannyhk is offline  
Old Dec 29, 14, 5:29 am
  #7  
 
Join Date: Feb 2009
Location: HKG
Programs: MPC, Marriott, Hyatt
Posts: 404
Originally Posted by dgittings View Post
Presumably BEA will also become the best option for Octopus now? (Funnily enough had just filled in the form to move one of my Octopus AAVS away from BEA to Dah Sing, but luckily hadn't mailed it yet!)
I think so - the exclusions doesn't list Octopus, and this could reduce the number of cards that I need to carry. I can get rid of the DBS Black and BankComm cards, and replace it with a BEA card.
kawaii is offline  
Old Dec 30, 14, 1:33 am
  #8  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Asia Miles. Not bothering to join Marco Polo.
Posts: 17,158
Originally Posted by percysmith View Post
Thanks LCH.Chester http://www.hongkongcard.com/forum/fo...w.php?id=13596
http://www.hkbea.com/html/en/bea-cre...ffer-xmas.html

...

Offer 2 Overseas:
No min spend
Max spend: $10,000
I'm sorry. This should read $8,000. Checked again with BEA, they appear to consider the Flyer World overseas 1X as "extra". Flyformiles http://flyformiles.flyday.hk/%e6%9d%...1-14%e9%87%8c/ appears to concur with BEA.
percysmith is offline  
Old Jan 1, 15, 5:20 pm
  #9  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Asia Miles. Not bothering to join Marco Polo.
Posts: 17,158
HSBC Friday 11X extended to 2015

https://www.redhotoffers.hsbc.com.hk...wards/rewards/
percysmith is offline  
Old Jan 1, 15, 7:16 pm
  #10  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Asia Miles. Not bothering to join Marco Polo.
Posts: 17,158
HSBC 360 extra RC for $6,000 dining ($1.04/mile) 2 Jan-28-Feb

https://www.redhotoffers.hsbc.com.hk...diningrewards/

Need to register 8228 3308

*** All dining spending has to be >= $500 ***

Also as an aside if you're a total glutton this New Year-Chinese New Year period there's also a Dah Sing 5% offer which also applies on Dah Sing $6/Avios BA http://www.dahsing.com/en/html/credi...ly/dining.html. Well, this one does not need to be >=$500.
percysmith is offline  
Old Jan 1, 15, 7:35 pm
  #11  
 
Join Date: Nov 2014
Location: HK
Programs: Accor Gold, IHG Gold
Posts: 81
Originally Posted by percysmith View Post
https://www.redhotoffers.hsbc.com.hk...diningrewards/

Need to register 8228 3308

*** All dining spending has to be >= $500 ***
OK but you need to cumulate more than $6000 in dining in two months to get the 360 reward $ is that so ?
trashn is offline  
Old Jan 1, 15, 8:25 pm
  #12  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
So seems like the wacko ccb/hsbc strategy for earning miles on tax payment is still alive right?
nanirina is offline  
Old Jan 1, 15, 8:49 pm
  #13  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Asia Miles. Not bothering to join Marco Polo.
Posts: 17,158
Originally Posted by trashn View Post
OK but you need to cumulate more than $6000 in dining in two months to get the 360 reward $ is that so ?
Yes. And each dining spend must be at least $500.

I think my wife and I will play a dual card strategy - Dah Sing for most of our spending (cos we really don't hit $500 when eating out most of the time) and my HSBC when we do.

Remember in hotels it's a good idea to use HSBC Unionpay if you have one. The classic case in point is Man Ho in Marriott which is MCC 3509 Marriott Hotels for V/M and MCC 5812 Dining for Unionpay.
percysmith is offline  
Old Jan 1, 15, 8:57 pm
  #14  
Ambassador, Hong Kong and Macau
 
Join Date: May 2009
Location: HKG
Programs: Asia Miles. Not bothering to join Marco Polo.
Posts: 17,158
Originally Posted by nanirina View Post
So seems like the wacko ccb/hsbc strategy for earning miles on tax payment is still alive right?
Still good as of date.


percysmith is offline  
Old Jan 1, 15, 9:23 pm
  #15  
 
Join Date: Aug 2005
Location: US, CA, HK
Programs: UNITED 1P
Posts: 508
Originally Posted by percysmith View Post
Still good as of date.


thx Percy!
nanirina is offline  

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